Manufacturing Output Declined

Manufacturing Output Declined The 2.0 percent drop in utilities output was broadly expected and the 0.8 percent drop in mining should also come as little surprise in the context of the steep decline in energy prices. What is more disappointing, in our view, is that manufacturing output declined, this component, which comprises roughly three quarters [...]

2016-01-22T16:47:26-05:00A View|

Idle Ohio Rolling Mill Operations to Lay Off 200

Republic Steel to Idle Ohio Rolling Mill Operations Republic Steel has announced it will idle its Lorain, Ohio rolling mill operations, citing weak demand. Plans call for the remaining 200 employees to be laid off by the end of the first quarter in staggered moves. AMM A bearish tone has prevailed in annual special bar [...]

2016-01-08T11:45:29-05:00A View|
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